RNS finals9 Mar 2017 09:40
So a pretty lack lustre report with organic and bolt on profits, cash hard to pull apart. I can only assume the board is concerned at the results so far, still the Sp only fell 2%, or rather the spread opened up to 6%.
Anyway, on the for ride as of a few days back, given the debt is now up and the pension liabilities are up and the divi is up and they have a stated strategy to buy more end of life insurance chunks it will be just a matter of time before they do another rights issue.